The Benefit Stacks
Here are five benefit stacks with areas of inefficiencies that can be attacked, as well as additional benefits that can be achieved.
Out-of-stocks
Contributing micro-level issues:
• Administrative errors
• Internal theft
• Poor case-picking accuracy
• Poor fulfillment accuracy
• Poor inventory accuracy
• Poor order accuracy
• Product diversion
• Put-away errors
• Slow order fulfillment
Additional benefit areas:
• Reduce chargebacks and invoice deductions
• Reduce cycle counts
• Reduce labor costs
• Reduce obsolete goods inventory
• Reduce spoilage or product
obsolescence
Macro-level problem:
Manufacturing inefficiencies
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